El Salvador halts public-fund Bitcoin purchases and transfers Chivo Wallet control to a private operator under an IMF agreement

El Salvador

First seen: Sep 6, 2026, 12:46 AM UTCUpdated: Sep 6, 2026, 4:46 AM UTC

WHAT HAPPENED

President Nayib Bukele has reportedly stopped acquiring Bitcoin with public funds and transferred control of the Chivo Wallet to a private operator to comply with a $1.4 billion IMF agreement.

SO WHAT?

The move signals a significant change in El Salvador’s state-backed cryptocurrency policy and may affect public finances and confidence in its Bitcoin strategy.

FOR ME

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COVERAGE

Reports behind this event

bfmtv.comfr

Après avoir fait pression sur le Salvador pour qu'il abandonne le bitcoin comme monnaie légale, le FMI va débloquer un prêt de 140 millions de dollars pour le petit pays d'Amérique centrale

Sep 6, 2026, 4:46 AM UTC

elimparcial.comes

Bukele frena la compra de bitcoin con recursos públicos y entrega el control de Chivo Wallet a un operador privado para cumplir el acuerdo con el FMI por 1,400 millones de dólares

Sep 6, 2026, 12:46 AM UTC